You are the CEO of a domestic organization. Shareholders require that you develop a plan to reduce costs and increase revenue, as your competitors are capturing a major share of the industry's market. There is the talk of outsourcing/offshoring the manufacturing operations to reduce costs and capital expenses. You have Identified the Gel Blaster, a product line in you Toy company which has been decided to outsource and you need to start the portion of the operation to conduct a comparative analysis. Your analysis will determine the feasibility of outsourcing/offshoring or engaging ininternationaltrade for this product line. Using the Internet, identify offshoring or outsourcing and explain the advantages with drawbacks that might occur of the decision to move forward with outsourcing the GEL BLASTER. The main reasons to outsource/offshore the manufacturing of the Gel Blasters are to reduce costs and gain a competitive advantage. There are risks associated with this type of move, but if a solid plan is in place, it is possible to minimize these risks. It is important to consider the impact on the community before making a final decision. Make sure you define your answer.

These are the Topics to analyze and have plan action for:

Human Resources: - One of the challenges of outsourcing/offshoring the manufacturing of the Gel Blasters is ensuring that there are enough qualified workers to do the job. In some cases, it may be necessary to train workers in the country where the manufacturing will be done. This can be a costly and time-consuming process.